Credit Cards

QWhat Is A Balance Transfer And/or Balance Transfer Rate?
AIn the most basic terms, a balance transfer is a way of moving a debt from one credit card to another credit card. This is often done to save money, as the new credit card may have a lower finance rate (APR) than the old credit card. Occasionally, credit cards have promotional balance transfer rates that typically last from 3-12 months. Every credit card is a bit different and promotional offers often change, so be sure to thoroughly look over the terms and conditions for each specific card before applying.